CXMT Corporation stock falls as flash-memory push takes shape

Published on 09/18/2026 at 14:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CXMT Corporation stock closed at CNY 53.47 on September 17, 2026, down 2.96 percent. Reuters said on September 18, 2026, the chipmaker is preparing a flash-memory push.

CXMT Corporation, CNE100007WP2, Illustration mit AI erstellt.

CXMT Corporation (ISIN CNE100007WP2) stock closed at CNY 53.47 on September 17, 2026, down 2.96 percent from the prior close of CNY 55.10. The move came as Reuters reported on September 18, 2026, that the Chinese chipmaker is preparing to enter the flash memory market amid a global shortage.

Flash memory plans

Reuters said CXMT is preparing an R&D production line for NAND flash memory at its new plant in Beijing and has discussed the plans with customers. The report also said the company has not said when trial production or larger-scale manufacturing would begin, which leaves the timing open even as the strategic direction is clearer.

That matters because Reuters linked the move to tight supply and strong artificial intelligence demand, with TrendForce expecting NAND supply tightness to ease only in the second half of next year. Reuters also noted that CXMT raised 57.92 billion yuan in July in Asia's biggest IPO this year and that Samsung held a 29.3 percent share of NAND supply revenue in the second quarter.

Price and targets

Yahoo Finance showed CXMT at CNY 53.47 on September 17, 2026, with a day range of CNY 53.33 to CNY 54.99, a 52-week range of CNY 38.11 to CNY 61.80 and market cap of CNY 3.63 trillion. The same page listed an average analyst target of CNY 80.59, which is 50.72 percent above the last close.

The stock also traded below its 52-week high by CNY 8.33 and above its 52-week low by CNY 15.36. For investors, the combination of a CNY 196.67 billion trailing revenue base, CNY 81.81 billion net income and a 41.60 percent profit margin on Yahoo Finance is what makes the flash-memory push more than a simple product rumor.

Market level

At CNY 53.47 as of September 17, 2026, CXMT stock remained below the 52-week high of CNY 61.80 and well above the low of CNY 38.11. The market cap stood at CNY 3.63 trillion on the same as-of date.